Bitpanda Ditches London for Frankfurt and New York in IPO Plan

Bitpanda’s planned Initial Public Offering (IPO) will focus on Frankfurt and New York, as the company seeks to leverage more robust markets. CEO Eric Demuth cites liquidity concerns at London’s Stock Exchange, a factor influencing Bitpanda’s decision to pursue listings in these alternative financial hubs. The move aligns with trends observed in other fintech companies opting for more liquid exchanges, particularly those in Europe. This shift reflects the company’s strategic vision and echoes past IPO decisions by entities like Coinbase and Wise.